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South Sudan is tackling the chief obstacle to new investment in its oil sector – security – as it aims next year to restore production to the level recorded before war broke out in 2013, the oil minister said Tuesday.High hopes for the fledgling oil sector of the world's youngest nation evaporated when conflict erupted, forcing oil firms to shut in crude and cutting production to 130,000 barrels per day.All but one oil asset, the Melut Basin project, remain shut in due to conflict.The government is talking to private security firms who are preparing options for "third-party security" for existing oil projects, the minister said.This would complement the presence of government forces that will be deployed to the other oil projects once production there is restored.
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